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feed-grains soy-oilseeds wheat

Market Commentary

USDA announced the sale of 120,000 MT of old crop soybeans to unknown for the current marketing year. This was a small surprise since the market has been waiting for announcements of cancellations, not additional sales. General Comments Markets were quiet Sunday evening on extremely light trading volume. Corn and wheat futures had very narrow ranges overnight, but January soybean futures did have a 12-cent trading range.Markets will trade until 1pm (EST) tomorrow (24 December) and then close until 9:30 AM (EST) Thursday (26 December) for the Christmas holiday. We expect that this year's holiday markets will continue to be quiet with low volume.U.S. equity markets put in another strong day with the Dow and S&P again touching new highs...

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feed-grains soy-oilseeds wheat

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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